Technical analysis by EconomicanalysAbdulRahman about Symbol PAXG on 12/16/2025

🟡 Gold analysis today | 12/16/2025 - The market is waiting... and today’s decision is distinctly American Despite the limited decline we are currently witnessing, Gold remains in its general bullish structure, and what happens is technically classified as... A healthy correction within an uptrend and not a negative reversal. Today is different from others, Because the American period carries heavy data: Unemployment benefits Employment in the non-agricultural sector Average wages US Retail Sales (November) This data is able to determine the direction of gold for the rest of the week. 🔍 Current technical situation (4-hour frame) Gold is currently trading near 4,275 After a temporary failure to hold above the peak 4,347, This prompted the price to enter a correction wave towards Fibonacci levels. 📌 Price is still: Above the main demand area Within a medium-term ascending channel 🟢 Buying zones (support) 🔹First support: 4,266 – 4,260 (0.5 Fibonacci area + important horizontal support) 🔹The second support - the strongest: 4,221 – 4,187 A clear demand zone, and any reach there is a strong technical buying opportunity Unless the close breaks below 4,180. 🔹 Final support for visa holders: 4,112 – 4,040 Breaking it only changes the short-term scenario, not the general trend. 🔴Selling areas (resistance) 🔸First resistance: 4,312 – 4,320 A higher close quickly restores positive momentum. 🔸 Second resistance: 4,347 A previous peak, and breaching it opens the way to new levels. 🔸 The next upward target: 4,445 – 4,455 Then target higher highs in the short term. 📊 Movement scenarios during the American period 🔼 Positive scenario (most likely): Weaker data than expected Or a slowdown in wages and employment ➡️ Dollar weakness ➡️ Gold bounces from support areas ➡️ Retest 4,320 then 4,347 🔽 Negative scenario: Very powerful data A sudden rise in wages or employment ➡️ Temporary pressure on gold ➡️ Falling towards 4,221 – 4,187 ➡️ But without a structural break unless we close below 4,180 🧠 Important tips for traders and visa holders ✔️ Don't chase the price before the data ✔️ It is better to wait for the reaction after the news ✔️ Buying from support is stronger than buying from peaks ✔️ Physical Gold Holders: Any decline towards demand areas is considered a gathering opportunity, not a fear ✨ Conclusion What we see now is not weakness... Rather, it is a smart repositioning before a larger movement. Gold still acts as a hedging asset par excellence. Today's US data may be the next spark. 📌 General trend: bullish 📌 Momentum: postponed, not broken